0001193125-12-196638 Sample Contracts

PENNSYLVANIA REAL ESTATE INVESTMENT TRUST AMENDED AND RESTATED 2003 EQUITY INCENTIVE PLAN RESTRICTED SHARE UNIT AND DIVIDEND EQUIVALENT RIGHTS AWARD AGREEMENT ISSUED PURSUANT TO THE
Restricted Share Unit and Dividend Equivalent Rights Award Agreement • April 30th, 2012 • Pennsylvania Real Estate Investment Trust • Real estate investment trusts • Pennsylvania

This RESTRICTED SHARE UNIT AND DIVIDEND EQUIVALENT RIGHTS AWARD AGREEMENT (the “Award Agreement”), dated on the day of April, 2012, is between Pennsylvania Real Estate Investment Trust, a Pennsylvania business trust (the “Trust”), and (the “Grantee”), a “Key Employee” under the Pennsylvania Real Estate Investment Trust Amended and Restated 2003 Equity Incentive Plan (the “Plan”).

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